How is unemployment an obstacle te economic growth?
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Explanation:
The rate of unemployment is different for the economy of different countries. In the developed country, the economy is good even though the rate of unemployment is high since citizens are self-employed. ... Due to the unemployment, government suffers the borrowing effect that means lower consumption rate and productivity.
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1
Explanation:
if there will be unemployment in the economy that GDP growth will not be done as only government can help to GDP growth and it will get burden to the country
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